Boobalan Pitchamuthu

The Northern India Textile Mills' Association (NITMA) has raised concerns regarding the state of yarn exports, suggesting that the situation is more severe than some reports indicate. They argue that the government's cap on cotton yarn exports at 720 million kilograms is detrimental, advocating for an increase to 1,280 million kilograms to better align with market demand and support the industry. Despite these challenges, the overall textile sector in India shows potential for growth, with exports projected to reach $100 billion by 2030. The market is expected to grow at a 10% CAGR, fueled by robust domestic production and increasing global demand. However, the figures shared by NITMA highlight a disconnect between optimistic projections and the current realities faced by yarn exporters, indicating that while there are opportunities, significant hurdles remain that could hinder the industry's recovery and growth.

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Non-Volatile Business Situation? Yes again the fall in yarn price for the month of May 2024, basing on the cotton price fall, makes to think that the Tirupur Garments market is sustaining in the non-volatile business situation.Though the cotton price is at the down range,still the spinning mills are hesitating to purchase and keep it stored.The fall in cotton price is on days count.Situation might change within two weeks.So the fall in yarn price will not be helpful in any aspects, either for domestic or export business.Especially domestic business persons are upset with the yarn price getting fallen down.Mostly the yarn price getting raised, keeps the domestic business market in safer hands.I also see this concept working perfect with many domestic garment companies.If the spinning mills have maintained the same rate of last month price ,with affordable discount,then no business fluctuations threats or word murmurings would have happened in the business market. Any how even after the price fall in yarn rates, still the spinning mill management offers good discounts to their customers. As of now export orders are getting placed in proper.Also as per the prediction,the export business will good on coming days. But due to shortage of labours and employees in the garment companies getting delay for completion of production.Hopefully expecting in soon time the scarcity of employees and labour issue getting sorted out,by importing north indian labours and employees to fit them here for working at tirupur.Price quotes for export quoted by buyers are quite fine.But some or the other situation doesnot suiting to make the business at steady state.Any how this non-volatile business situation makes to think should we need to further continue in business or should we change our business field.But not to give up the hope,need to sail against the wave and reach the shore at safer side.

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https://lnkd.in/dGWz-NPd Its Time for Cotton rich blending with different Natural / Semi Synthetic? Synthetic performance Fibres. This not only adds Value and also suffice Cotton Shortage. India is a major producer, consumer and exporter of 100% cotton yarns as well as blended yarns. The major types of blended yarns exported from India are polyester/cotton and polyester/viscose yarns. The blended fabric market has grown at a CAGR of 10.1 % during 2006-13. The share of blended fabrics in the year 2012-13 is around 15% out of total fabric production. The market trend shows that the cotton yarn demand growth is expected to slow down to 5.1 percent annually between 2009-10 and 2014-15, as compared to 6.2 per cent CAGR recorded in the previous 5 years. At the same time, it is expected that the demand for blend yarn will outpace the demand for cotton yarn in near future. Presently poly/cotton and poly/viscose are the major yarn types exported from India. Other major blend yarn types exported are cotton/viscose, acrylic/cotton, poly/acrylic, poly/wool etc. Most of the blended yarns produced are binary yarns (two component yarns). Tertiary yarns are also produced to some extent. Figure 1 shows the production figures of spun yarns in the last 5 years for 100% cotton yarns, blended yarns and 100% Non cotton yarns. It can be seen that though 100% cotton yarns dominate the spun yarn market, the production of blended yarns are on the rise. The Compound Annual Growth Rate (CAGR) of blended yarns during 2006-13 is 4.3 %.

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The Asian Viscose Filament Yarn (VFY) market exhibited a bullish trend in November 2024, largely driven by evolving demand dynamics, geopolitical factors, and seasonal influences. In China, VFY prices experienced minimal fluctuations during the period, influenced by the United States’ announcement of new tariffs. Giriraj Singh #VFY #ViscoseFilamentYarn #textileindustry To read more, click here 👉 - https://lnkd.in/gxzXCWsq

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Footwear remains the only Bangladeshi leather exports with growth in November 2024, according to the latest update from the Export Promotion Bureau https://lnkd.in/eK9hKayq #bangladesh #leather #footwear

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In our textile journey, each step in cotton yarn manufacturing plays a vital role. One of these crucial stages, the carding process, is often referred to as the heart of textile spinning. This stage not only determines the yarn quality but also eliminates impurities and aligns fibers, setting the foundation for durable, high-quality fabrics. For those curious about how our industry transforms raw cotton into smooth, resilient yarns, I recommend exploring the article linked below. It offers insights into the intricate science and machinery behind carding—showcasing how precision and innovation are essential to every fabric we create. Empowering ourselves with knowledge helps us not only appreciate these processes but also drive improvements in quality and sustainability. Let’s keep learning and growing together in this journey of textiles! 👉 https://lnkd.in/eqArpaN4

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Textiles and Retail: Update for the day - 21st Aug Indian Textiles Corner South India cotton yarn market stagnates amid low demand, export woes The South India cotton yarn market remains stagnant due to sluggish demand and export challenges, particularly with shipments to Bangladesh. Cotton yarn prices are stable, but trade volume has decreased. Uncertainty surrounds domestic demand revival, while global market factors and limited cotton supply add to the market's cautious outlook. https://lnkd.in/gZXxV9WY ICE cotton recovers from last week's lows, gains on positive factors https://lnkd.in/gqaieXfE US shoppers sharply boosted spending at retailers in July despite higher prices The retail sales jumped 1% from June to July, the biggest such increase since January 2023, after having declined slightly the previous month. https://lnkd.in/giFnjBCM Bangladesh: Apparel industry upbeat with positive gestures from international buyers Despite the recent political unrest in Bangladesh, certain international fashion brands have expanded their sourcing from Bangladesh. Companies like US Polo, Gap, and Express are just a few of the well-known names that are boosting their sourcing from Bangladesh; however, a newcomer is the Korean brand BYC. https://lnkd.in/gaBipJXn Sri Lanka's manufacturing expands in July; suppliers' delivery time up Sri Lanka's purchasing managers' index for manufacturing was 59.5 in July this year, indicating a continuous expansion in manufacturing activities. The increase in new orders and positive employment figures were driven by the textiles and apparel sector. https://lnkd.in/g9enUcpJ Andhra Pradesh Government to release new textile policy soon, says Minister https://lnkd.in/ggtSgrvz India Retail Corner Dollar, Rupa optimistic about double-digit margin growth and export opportunities - The Indian innerwear and athleisure industry is steadily growing, Growth is being driven by volume. - EBITDA Margin guidance: Rupa & Co.: 10%-11% for FY25. Dollar Industries: 11%-12% for FY25 - Rupa & Company plans to expand significantly by adding over 100 stores in FY25. - Rupa expects to see increased demand in the athleisure, thermal, and ladies' wear segments. https://lnkd.in/gc_gvrDe JR One Footwear to set up two more factories in Tamil Nadu https://lnkd.in/gNtGGnGA Bagzone Lifestyles Pvt Ltd, the parent company of Lavie and Lavie Luxe, has introduced an online exclusive brand - Lavie Signature. Positioned between Lavie and Lavie Luxe, Lavie Signature is priced between Rs 2,000-Rs 3,500. https://lnkd.in/g3Z_US-Z Rekha Jhunjhunwala-backed Baazar Style Retail may launch IPO this week https://lnkd.in/gEDngABx V-Mart launches three stores in North India Two of the stores are in Bihar, in Pupri and Purnia and one is in Uttar Pradesh, in Jhansi. https://lnkd.in/g_PkZsyY Reliance Retail’s Yousta opens at Ambience Mall, Gurugram https://lnkd.in/gMh9HCer #informativepost #iamsandeeprohilla

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*Exporters of textiles are upbeat as September shows rapid growth.* *Kolkata:* Textile and apparel exporters are optimistic about growth as India’s geopolitical and economic environment improves. Industry players are hopeful that this positive momentum will continue, marking a significant turnaround for the sector. According to data from the Confederation of Indian Textile Industry (CITI), apparel exports surged by 17.3%, while textile exports saw a 9.5% increase in September. Textile exports for the month amounted to ₹13,800 crore, with garment exports reaching ₹7,896 crore. Former CITI chairman Sanjay Jain noted that the past two years had been challenging for garment exports, but the outlook is now improving. He expects the next 18 months to be promising, driven by rising demand from the US and European markets. "Much of the business has shifted from Bangladesh since August, and this trend is expected to continue into the next quarter," Jain said. He also highlighted that raw material prices have begun to stabilize, further supporting growth.

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🚀 Exciting times for the Indian textile industry! The Government of India has approved the establishment of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks across the country. These parks, which are set to be developed in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra, will play a pivotal role in revolutionizing the textile ecosystem. With a staggering investment of ₹70,000 crore anticipated, these parks are designed to be world-class hubs with cutting-edge infrastructure, offering "plug and play" facilities to manufacturers. 🌍🏭 The PM MITRA Parks aim to attract both domestic and foreign investment, creating a vibrant environment that fosters innovation, growth, and sustainability in the textile sector. This initiative is not just about boosting the economy but also about creating significant employment opportunities and strengthening India’s position in the global textile market. Kudos to the Ministry of Textiles and everyone involved in making this vision a reality. Let's continue to support and contribute to the growth of our nation’s textile industry! 💪🇮🇳 #Textiles #PMMITRAParks #IndiaGrowthStory #SustainableDevelopment #InvestInIndia #WorldTextileHub https://lnkd.in/d-ugSHfB

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Polyester-Cotton (PC) yarn is a blend of synthetic & natural fibers. Since polyester and cotton have different fiber properties, different dye affinities, separate dyeing process. PC yarn involving two-step dyeing technique. Polyester yarn required disperse dye and Cotton yarn required reactive, reason of different dye affinities. Disperse dye required high temperature (130°C) and Reactive dye required low temperature (60°C–80°C). Here's an overview: 1. Pre-treatment - Scouring & Bleaching: Remove impurities (wax, grease, pectin, etc.) from cotton and polyester to ensure even dyeing. It includes bleaching for whiteness. - Heat Setting: Polyester fibers are heat-set to prevent shrinkage during dyeing. 2. Dyeing Process - Polyester Dyeing: Polyester is a hydrophobic yarn. It is dyed using disperse dyes at high temperatures (130°C) in a high-pressure dyeing machine. Polyester dyeing used HT-HP method. Polyester fabric dyeing needed Thermosol dyeing machine. A carrier may be used at lower temperatures to improve dye penetration. - Cotton Dyeing: After polyester part dyeing, cotton is dyed using reactive dyes, which form covalent bonds with the fiber at lower temperatures (60°C–80°C). 3. Post-treatment - Reduction Clearing: After polyester dyeing, the material undergoes reduction clearing to remove any unfixed disperse dyes. - Neutralization & Soaping: For reactive-dyed cotton, soaping is done to remove unfixed dye. The yarn is neutralized after dyeing to maintain pH. 4. Drying & Finishing - After dyeing and washing, the yarn is dried using conventional or tensionless drying, followed by any finishing treatments required for specific properties (e.g. softness, luster). This two-step process ensures even and vibrant dyeing on both polyester and cotton fibers in the blended yarn.

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During the current week, the ICE Cotton No. 2 March 2025 futures contract experienced a significant decline, which had several implications for the global cotton market, particularly for Indian spinners. Price Decline The ICE Cotton No. 2 March 2025 contract declined by 5.29% over the week. This drop in prices is attributed to various factors, including a stronger US dollar, which can make dollar-denominated commodities like cotton more expensive for buyers using other currencies6. Impact on Indian Basis The decline in ICE cotton futures prices led to an improvement in the Indian basis by 347 points. The basis is the difference between the local cash price and the futures price adjusted for the cost of carrying the commodity from the futures delivery date to the current date. An improvement in the basis means that the local Indian cotton prices are becoming more competitive relative to international prices. Implications for Indian Spinners This development is uncomfortable for Indian spinners for a few reasons: Competitive Pressure: With the improvement in the Indian basis, local cotton prices may become more aligned with global prices, potentially reducing the competitive advantage that Indian spinners might have had due to lower local cotton costs. Raw Material Costs: Although the global prices are falling, the relative stability or slight improvement in local prices could mean that Indian spinners do not benefit as much from the global price drop, keeping their raw material costs relatively higher. Market Dynamics: The stronger US dollar and other global economic factors influencing cotton prices can create volatility, making it challenging for Indian spinners to predict and manage their raw material costs effectively. In summary, the decline in ICE cotton futures prices and the subsequent improvement in the Indian basis highlight the complex interplay between global and local market dynamics, which can have significant implications for the profitability and competitiveness of Indian spinners.

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Textile maker RSWM hires Rajeev Gupta as CEO 1) Textile yarn and fabric maker RSWM, the flagship company of LNJ Bhilwara group, has brought in former Sintex (Reliance Industries) chief executive officer (CEO) Rajeev Gupta as CEO. 2) Gupta has about 30 years' experience working across textile, paper and consulting for the textile industry.

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Good policy for Textile Industries of Gujarat and also for those who would like to invest in Gujarat. Grow Business ! Grow People! Upgrade Industry! Grow Country! #Textiles #business #people #investment #growth #digitalisation

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Textile Industry Welcomes Relaxation of QCOs For Imported Polyester The textile industry has applauded the Indian government's decision to relax the mandatory Quality Control Order (QCO) for polyester fibre, filament yarn, and spun yarn imported under the Advance Authorisation Scheme, Export Oriented Units (EOUs), and Special Economic Zones (SEZs). The QCO, issued in April 2021 by the Ministry Of Chemicals & Fertilizers , had mandated that all users purchase these polyester products only from BIS-licensed #domestic and #international #manufacturers. While Indian companies obtained the #licenses, many foreign manufacturers' applications remained pending with the #BIS, hindering textile exporters relying on specified specialty fibres and yarns. In a press release Southern India Mills’ Association' welcomed the latest notification from June 6, 2024 relaxing the QCO norms for #polyester #imports under the Advance Authorisation Scheme. https://lnkd.in/gQfGWg2x SYNTHETIC AND RAYON TEXTILES EXPORT PROMOTION COUNCIL (SRTEPC)| CHEMEXCIL EPC | Chemical and Allied Products Export Promotion CouncilÊ(CAPEXIL)

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